§ Mr. Ridley
asked the Chancellor of the Exchequer whether he will publish a table showing the supply and use of resources in 1975 in demand terms at 1970 factor cost prices, analogous to the first column of table 1.1 in Command Paper No. 6393.
§ Mr. Joel Barnett
The figures are shown below:
THE GROWTH AND USE OF RESOURCES 1975 in demand terms at 1970 factor cost prices million £ A. SUPPLY OF RESOURCES 1. Gross domestic product (GDP) 47,425 2. Net flow of resources into (+) or out of (-) balance of trade in goods and services … 75 3. Available for domestic use 47,350
B. DOMESTIC USE OF RESOURCES 1. Investment (a) Private investment 3,700 (b) Nationalised industries' investment 1,650 2. Available for other public expenditure and private consumption 42,000
C. USES OF RESOURCES FOR OTHER PUBLIC EXPENDITURE AND PRIVATE CONSUMPTION million £ 1. Public expenditure (a) Public consumption 10,000 (b) Other public investment 2,300 (c) Total direct public investment 12,300 (d) Indirect public expenditure 6,600 (e) Total public expenditure 18,900 2. Personal consumption (a) Privately financed personal consumption 23,100 (b) Publicly financed personal consumption 6,600 (c) Total personal consumption 29,700